Appraisal Methods are a set of processes used by businesses to effectively assess the value of their assets. This includes evaluating not only the financial worth of an asset, but also its potential for growth and contribution to organizational goals. These methods involve exploring different data points, such as past performance and current market trends, in order to generate an accurate estimate of an asset’s worth. Ultimately, these systematic approaches provide businesses with valuable insights that can help them make more informed decisions about how best to allocate their resources.